China's electric vehicle industry kicked off 2024 with a flurry of activity, showcasing a tale of triumph and turmoil among key players. While BYD celebrated a triumphant start, ...

Although the world has experienced an economic downturn and consumer spending decline, data from a South Korean research firm showed that the global EV market kept expanding in 2023...

The electric vehicle (EV) landscape in Germany may see disruption in 2024 as Chinese manufacturers make inroads into the market, and reduced government subsidies put pressure on growth...

China is now the world's largest single electric vehicle (EV) market due to rapid growth driven by government policies, with domestic startups and leading international brands vying...

DIGITIMES Research's findings show that compared with the recovery of the global automobile market in 2023, global electric vehicle (EV) sales grew more significantly last year, with...

Tesla Inc. cut the price of both its locally made models in China, potentially setting the stage for further discounting as overall growth in the world's biggest electric car market...

South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...

The demand for power semiconductors is being driven by the electric vehicle (EV) market, leading several semiconductor companies to respond accordingly. In addition to partnerships...

STMicroelectronics has inked a long-term supply agreement for silicon carbide (SiC) with Li Auto, a market leader in China's new energy vehicle sector, according to the companies...

Driven by the robust domestic market opportunities in China's new energy vehicle sector, Chinese MCU (microcontroller unit) makers are accelerating the development of automotive-grade...

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered...

Hon Hai Technology Group (Foxconn) recently invested in Indigo Technologies, a US electric vehicle startup, through its subsidiary Foxconn EV Technology, in order to speed the development...

The expanding Chinese electric vehicle (EV) market, also the world's largest EV market, has become a target for Taiwan-based IC design houses.

As EV and energy storage system sectors have proliferated in recent years, those with battery resources are more likely to dominate markets. However, the battery industry has seen...